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Event Brief

Hegseth warns troops against betting on military information

Defense Secretary Pete Hegseth issued a memo on Oct. 20 warning troops against using military information for gambling or prediction-market bets. The memo explicitly mentions bets on military operations; federal rules already bar government personnel from using inside information gained at work to make money.
WHO: Defense Secretary Pete Hegseth
WHAT: Issued a memo warning troops against using military information for gambling and prediction-market bets.
WHEN: Oct 20, 2026
WHERE: USA
WHY: The memo addresses the use of military information for personal betting; federal rules already bar government personnel from making money with inside information gained at work.
How this story developed (showing 2 of 2 earlier reports)

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